Path to Green Growth Blocked
The SNP at Westminster has put forward a motion calling on the current and future Westminster governments to commit to investing £28 billion a year into the green renewables goldrush.
The SNP opposition day motion, to be debated this afternoon, calls on the UK government to commit to the public investment programme – similar to that in the US and EU – to secure jobs, fight climate change, grow the economy and allow energy-rich Scotland to reach its green potential.
Both the United States, through the Inflation Reduction Act, and the European Union, through the European Green Deal, have already committed to the equivalent of trillions of pounds of investment to capitalise on the global race to net zero.
SNP MPs will call on the main Westminster parties, the Tories and Labour, to commit to the much-needed investment after Sir Keir Starmer made the damaging decision to U-turn on his £28 billion energy investment pledge.
Experts have said this move could put at risk up to 100,000 Scottish jobs, harm economic growth and keep energy bills high.